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Peerless Inc. reported 550,000 ordinary shares at the beginning of 2022. In the beginning of the second quarter, convertible bondholders opted to exercise their option
Peerless Inc. reported 550,000 ordinary shares at the beginning of 2022. In the beginning of the second quarter, convertible bondholders opted to exercise their option to convert to shares resulting to additional 110,000 shares. In November 1, Peerless Inc. bought back 60,000 shares as they have spare cash. What is the weighted average outstanding shares for 2022
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
10th edition
1259964949, 1259964947, 978-1259964947
